Tata Consultancy Services, India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as its key North America market underperformed for the fifth quarter in a row.

Tata Consultancy Services reports lower-than-expected Q3 revenue due to client tech spend cuts amid economic uncertainty.

Tata Consultancy Services , India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as clients pared tech spends on account of macro-economic uncertainty.

Earnings: Tata Consultancy Services (TCS) reported a 12% year-on-year increase in its consolidated net profit for the December quarter

During the previous quarter, the giant earned a consolidated net profit of Rs 11,909 crore in Q2FY25, registering growth of 5% YoY. On the top-line front, revenue climbed 8% YoY to Rs 64,259 crore.

TCS reported revenue of ₹63,973 crore, which is a decline of 0.4% in comparison to the June quarter. A CNBC-TV18 poll had projected the revenue in rupee terms to grow by 0.2% to ₹64,333 crore.

Tata Consultancy Services (TCS) posted a net profit of Rs 12,380 crore for the third quarter of FY25, posting a 12 per cent year-on-year (YoY) increase from Rs 11,058 crore in Q3 FY24. Revenue for the quarter stood at Rs 63,

Results: Tata Consultancy Services (TCS) reported a 12% rise in consolidated net profit for the December quarter, reaching Rs 12,380 crore, compared to the previous year's Rs 11,058 crore. The company declared an interim dividend of Rs 10 per share and a special dividend of Rs 66 per share.

India’s largest IT services firm, is set to release its audited financial results for the third quarter (Q3) and nine-month period ending December 31, 2024, today. The board meeting, scheduled for January 9,